Tax evasion: TIP asks FBR to probe Sethi’s properties
Transparency International (TI) Pakistan has asked Federal Board of Revenue (FBR) Chairman Tariq Bajwa to take action on the tax evasion case related to Pakistan Cricket Board (PCB) Chairman Najam Sethi, particularly in reference to his Manhattan property in the US.
In a letter dated June 30, 2014, the TI Pakistan Chairman Sohail Muzzafar has also asked the FBR to carry out a detailed scrutiny of Sethi’s other family members to examine the increase in their wealth vis-a-vis their declared incomes.
Referring to its letter dated March 13, 2014, the TI said it had asked the FBR chairman for actions following more recoveries on tax evasion in Najam Sethi’s case, on which FBR is reported to be delaying actions. The letter also refers to a 25 May 2014 news item in which the FBR had clarified it had got rescinded the order through which Najam Sethi was granted Rs10.625 million tax exemption.
Published in The Express Tribune, July 1st, 2014.
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FBR sleeps in selected cases. But for common citizens, Gullu Butt assessment orders are passed
......and what about Zardari's properties ...and Nawaz's properties to name a few ?
This gentleman roams in 4*4 Car on roads of Lahore. Happens to live not really far from my residence. More than 2 police cars accompany him for security purposes. His car itself is worth 10 Million approxmiately. Therefore, going by this logic he shouldnt be getting tax exemptions. It has been an year when he was handed over the CMship and since then, barricades remain infront of his bunglow causing blatant inconvience to those who take that road.
For those wondering how Sethi could make enough money to buy properties in Manhattan, his wife Jugnu Mohsin is from the Mitchells Fruit Farms family (she also runs the Mohsin Trust of 26 schools in Okara) and related to the magnate Syed Babar Ali (of Packages Industries). The family brings money and a million dollar apartment in NY is nothing.
To sit on TV channel, and make comments on other people,laughing ,taunting , You have done much, now feel the real pain
Another millionaire in the making: Najam Sethi Puncturewala
35 puncture wala got a Tax exemption once.I wonder why it was given in the first place and later rescinded ?